JP Morgan Downgrades M.D.C. Holdings To Underweight

Analysts at JP Morgan downgraded M.D.C. Holdings MDC from Neutral to Underweight. The target price for M.D.C. Holdings has been lowered from $30.50 to $29.50. M.D.C. Holdings shares have dropped 3.10% over the past 52 weeks, while the S&P 500 index has surged 19.73% in the same period. M.D.C. Holdings' shares fell 0.14% to close at $28.46 yesterday.